We pay a few hundred dollars for a professional quality pitchbook with the financials and that has been money well spent.

@Erika Shiu House hacking with an STR is a smart strategy but ensures financial viability since your mortgage is over 50% of take-home pay.

The goal is to achieve and maintain financial freedom.

It requires some work—you’ll be a landlord after all—but the financial rewards can be significant.If you’re willing to live near your tenants, take on property management tasks, and want to grow your investment portfolio, this strategy could be a game-changer for your financial future.Final ThoughtsHouse hacking with a multifamily property is more than just a way to save on housing costs—it’s a proven method to accelerate your real estate investing journey.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Quote from @Evan Arkell: I am 20 years old and ready and willing to work and reach financial freedom!!

.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

Dont trust anyone’s financial projections.  

I also lived in NV and TX for some time, and would prefer that climate, but need to make sure the financials make sense there.